Pro Union/Anti-Business Obama out spending Taxpayer Money AGAIN!

This guy knows nothing but spending more money we don't have...His Pro Union and anti-business attitude continues as he will pay for the $50 Billion by tax hikes on oil and gas companies....and WHO DO YOU THINK IS GOING END UP PAYING FOR THAT....That's right you and me with higher energy costs!!!! He could only pitch this to a union audience....He is disgusting...he and his party need to be voted out of office starting on November 2nd....

Obama Campaigns for Democrats on New Infrastructure Investment Plan

Published September 06, 2010 | FoxNews.com

In a speech that was part Democratic campaign push, part policy prescription, President Obama on Monday proposed a $50 billion investment in long-term infrastructure projects that he claimed will stimulate the flailing economy, create jobs and refill the exhausted federal highway trust fund.

In remarks prepared for a crowd of union employees at Laborfest in Milwaukee, the president offered a six-year, front-loaded plan to rebuild 150,000 miles of our roads, lay 4,000 miles of railways and restore 150 miles of airport runways.

The proposal also calls for a strategy to build a national high-speed rail network and create an "infrastructure bank" that uses competitive measures to determine which projects receive funding rather than earmarks and grants.

The president said the project will be paid for -- assuming congressional support -- with tax hikes on oil and gas companies and will cut waste and bureaucracy by consolidating more than 100 duplicative programs.

"All of this will not only create jobs now, but will make our economy run better over the long haul," the president said in remarks prepared for delivery. "It's a plan that history tells us can and should attract bipartisan support. It's a plan that says even in the still-smoldering aftermath of the worst recession in our lifetimes, America can act to shape our own destiny, to move this country forward, to leave our children something better -- something lasting."

But based on the rest of the president's speech -- and congressional Republicans' early reactions -- it is likely to be a tough sell.

"Americans are rightly skeptical about Washington Democrats asking for more of their money -- and their patience," said Senate Minority Leader Mitch McConnell. "After all, they're still looking for the 'shovel-ready' jobs they were promised more than a year ago. A last-minute, cobbled-together stimulus bill with more than $50 billion in new tax hikes will not reverse the complete lack of confidence Americans have in Washington Democrats' ability to help this economy.”

That response shouldn't surprise Obama, who used much of his speech to accuse Republicans of rejecting plans to strengthen the middle class and rebuild the economy.

"Even where we usually agree, they say no," Obama said of the GOP. "They think it's better to score political points before an election than actually solve problems."

In a combative tone, the president pointed specifically to House Minority Leader John Boehner as he laid into Republicans for objecting to a package last month that sent $26 billion to the states to keep teachers on the payroll and pay for police officers by sending additional Medicaid money so states could redirect that cash for salaries. The bill was paid for with cuts to expanded food stamp payments and higher taxes on multinational corporations.

"We paid for it by finally closing a ridiculous tax loophole that actually rewarded corporations for shipping jobs and profits overseas," Obama said in his remarks. "Even a lot of America's biggest corporations agreed the loophole should be closed, that it wasn’t fair -- but the man with the plan to be speaker is already aiming to open it up again."

Obama said he doesn't want to re-live the past when Republicans led Congress, arguing that not only does the GOP not have new ideas, but the party wants to return to past policies that put the country on a downward spiral.

"These are the folks whose policies helped devastate our middle class and drive our economy into a ditch. And now they’re asking you for the keys back," Obama said.

But Republicans offered a few reminders for voters as well. Boehner issued a statement recalling that the Obama administration said if the $814 billion stimulus bill passed, unemployment would not rise above 8 percent. It now stands at 9.6 percent, its 19th consecutive month above 8 percent and 16th consecutive month above 9 percent.

"If we've learned anything from the past 18 months, it's that we can't spend our way to prosperity," Boehner said in a statement. "We don't need more government 'stimulus' spending -- we need to end Washington Democrats' out-of-control spending spree, stop their tax hikes and create jobs by eliminating the job-killing uncertainty that is hampering our small businesses."